Sorainen Belarus acted as local counsel for the International Finance Corporation (IFC) on the extension of a EUR 15 million loan to the Alutech Group of Companies (Alutech Group) to refinance short-term bridging loans for capital investment during 2013-2014. The project is aimed at supporting Alutech Group expansion plans, further market penetration and broader product […]
Sorainen Belarus acted as local counsel for the International Finance Corporation (IFC) on the extension of a USD 10 million loan to the A-100 Development Group of Companies (A-100). The loan agreement was signed on 31 May 2015 to refinance construction of commercial real estate in Minsk and Minsk Region. IFC is a global financial […]
The first Belarus-operated store of the world-renowned pizza take-out and delivery chain, Papa John’s, has opened in Minsk, the capital city. Sorainen Belarus office assisted with adjusting the client’s franchise and subfranchise agreement to local law requirements, designing the overall legal scheme of local operations and registering the agreements with the local patent authority. The […]
Sorainen Belarus consulted China National Chemical Corporation, world-renown enterprise operating in research, production and distribution of tyres and other related products, on local antimonopoly compliance. The advice was sought in the light of planned acquisition by CNRC of control over Pirelli & Co, another global company active in the production and distribution of tyres. Sorainen […]
On 5 March, the European Court of Justice delivered a judgment that found the sales tax imposed from 1 June 2010 to 31 December 2011 in Tallinn, Estonia, to be a violation of EU law and the excise duty directive. This means that illegally collected sales tax must be returned to companies, with interest. Our […]
